Business, 10.03.2020 00:38 deadlydazy13
Assume a company paid $800 for a computer that it plans to sell to its customers. Suppose that as a result of new technology the company could buy the same computer today for $600. Which of the following journal entries would be required to show the inventory at the lower of cost or market?
a.
Account Titles Debit Credit
Inventory 600
Cost of Goods Sold 600
b.
Account Titles Debit Credit
Cost of Goods Sold 600
Inventory 600
c.
Account Titles Debit Credit
Inventory 200
Cost of Goods Sold 200
d.
Account Titles Debit Credit
Cost of Goods Sold 200
Inventory 200
Answers: 2
Business, 22.06.2019 04:30
Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income ax this year
Answers: 1
Business, 22.06.2019 19:40
You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?
Answers: 3
Business, 22.06.2019 20:50
Lead time for one of your fastest-moving products is 20 days. demand during this period averages 90 units per day.a) what would be an appropriate reorder point? ) how does your answer change if demand during lead time doubles? ) how does your answer change if demand during lead time drops in half?
Answers: 1
Assume a company paid $800 for a computer that it plans to sell to its customers. Suppose that as a...
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